Karachi, The United Insurance Company of Pakistan Limited has announced the upcoming election of directors scheduled during the Annual General Meeting (AGM) on April 29, 2024, at 10:30 a.m. This event will take place at the Institute of Chartered Acco…
Karachi, In a significant move to boost environmental, social, and governance (ESG) reporting standards, the Pakistan Stock Exchange (PSX) has entered into a collaborative agreement with the London Stock Exchange Group (LSEG). This partnership aims to…
Karachi, United Bank Limited has disclosed figures pertaining to its “TFC” perpetual security, symbol UBLTFC5. The security has a face value of 5,000 Rs. It offers a profit rate of 3M KIBOR + 1.55% and boasts a total issue size of 10 billion Rs, which…
Karachi, HBL Investment Fund (HIFA) also released its financial results, showing a daily weighted average rate of Rs 2.99 and reaching a high rate of Rs 4.05. The fund turned over 10,801,000 shares. With a paid-up capital amounting to Rs 2,841.25 mill…
Karachi, Bank Islami Pakistan Limited has provided information on its perpetual Sukuk, BIP LSC. This financial instrument has a face value of 5,000 Rs with a profit rate of 3M KIBOR + 2.75%. The total issued size is 2 billion Rs, and the outstanding p…
Karachi, Allied Rental Modaraba (ARM), listed on the Pakistan Stock Exchange under the symbol ARM, has shown a substantial increase in its earnings per share (EPS) for the January to March 2024 period, reporting an EPS of Rs. 28.82 compared to Rs. 1.3…
Karachi, K-Electric Limited has outlined the specifics of its seven-year Sukuk, marked KELSC5. The Sukuk carries a face value of 5,000 Rs and a profit rate based on 3M KIBOR + 1.7%. Out of a total issue size of 25 billion Rs, 17.5 billion remains as t…
Karachi, AL-Noor Modaraba (FANM) declared a 10% dividend for its shareholders, despite a modest increase in its EPS, which stands at Rs. 0.02 for the first quarter of 2024. The company’s trading rate as of today is Rs. 231.00, achieving a turnover of …
Karachi, Summit Bank Limited has announced its seven-year “TFC,” with the symbol SMBLTFC. The security, with a face value of 5,000 Rs, carries a profit rate of 6M KIBOR + 3.25%. The bank issued securities worth 1.5 billion Rs, although currently, no o…
Karachi, Elite Capital Modaraba (FECM) reported a negative EPS of Rs. 0.62 for the first quarter of 2024, a decline from last year’s positive EPS of Rs. 6.25. Today’s trading rate stood at Rs. 5.24, with a high rate this year of Rs. 269000. FECM, list…
Karachi, Telecard Limited has released data about its six-year TFC, labeled TELE TFC. The security’s face value is set at 5,000 Rs and uniquely features a profit rate of 3M KIBOR + 0%. Initially, the issue size was 2.4 billion Rs, and as of now, no ou…
Karachi, First Fidelity Leasing Modaraba (FFLM) experienced a slight decrease in its financial performance, recording an EPS of Rs. -0.09 for the quarter ending March 2024. The company’s trading rate today is Rs. 264.14, with a total turnover of Rs. 2…
